We are writing our statement on Jo Min Ki's recent situation. Firstly, we bow our heads in apology for our first statement, which was not made through a more certain and detailed confirmation, and made many uncomfortable.

We have understood the gravity of the continued situation, and we have thought about a way to respond while feeling the heavy responsibilities.

The situation has a larger social disturbance than any other. More than anything, we do not have smooth communication with the actor, and have therefore decided to cancel our contract with actor Jo Min Ki.

We apologize once again to everyone.

Thank you.

The actor is currently under investigations for sexually harassing his students.